365 Retail Markets’ Post

365 Retail Markets reposted this

View profile for Mike Jamison, graphic

Founder & CEO of NewAge Vending | Transforming Tennessee’s Vending Experience | Micro Market Enthusiast

I wanted to do a little demo this morning. I'm no Vanna White, but I think I got the point across. Transforming your traditional vending into a grab-n-go or micro market comes with a learning curve, like anything new. As business owners and operators, it's up to us to make that curve as low as possible. Due to this learning curve, it's normal to see slower sales at the start. In my experience, people don't initially trust new vending solutions, especially if you're rehabbing a place. It often takes one brave soul to start using the machine and build trust among others. But once they do, it can be amazing to see the positive shift. From a financial standpoint, the benefits are clear. Your amount per transaction will likely increase. If you're experiencing 100 transactions on a standard vending machine at an average of $2 per transaction, you can expect that to rise to at least $4 with a grab-n-go setup. The ease of grabbing multiple products at once without hassle contributes to this increase. I'm convinced we'll see more of these innovative solutions from companies everywhere, and I look forward to trying them out. At the end of the day, I go with whatever is easiest for my customers. I have a few more of these arriving soon. Once installed, I plan to introduce newer, better-for-you products in lower-performing slots to better service these locations. #VendingSolutions #MicroMarket #InnovativeVending #CustomerExperience #BusinessGrowth

Mike Jamison

Founder & CEO of NewAge Vending | Transforming Tennessee’s Vending Experience | Micro Market Enthusiast

3mo
Like
Reply
Chad Starkey

President/Co - Owner and Operator Healthier Horizons Vending

3mo

Great video, and I love how you are doing this alot . we should connect sometime.

Jordan Turner

🎥 Video Strategist | CEO Flake Films | I help businesses grow through video!

3mo

really cool! Reminds me of those amazon store fronts in airports where you just take what you want and then it charges you as you walk out.

Like
Reply
Kyle Winkley

Helping you thread the needle financially! | Financial planning for owners & leaders in blue collar businesses | Tax strategies | Business Planning | EXCEL STILL MORE

3mo

Are these aimed for public areas or mainly places like offices and such?

Like
Reply
Rod C.

Account Executive-Southwest US at 365 Retail Markets

3mo

The Stockwell 2.0 is a game changer. They are absolutely fantastic.

Like
Reply
John 🅰️ Rogers

Farm Raised Work Ethic | Profit is the byproduct of doing everything right! | Hustle every day! | ❤️ Sales | 304-964-3950 | [email protected] | My reputation is my business card

3mo

I purchased 2 of these today! Seem easy enough to use.

Like
Reply
Adam Shapiro

Chasing down kindness

3mo

Can’t anyone just take them all? Don’t like it

Like
Reply
Duncan Adam

Small Biz Owner // Entrepreneur

3mo

Very intriguing.

Like
Reply
Lucy Neville Hall

Marketing Professional | Copywriting | Market Research | Trade Shows | Social Media | Generate Leads | Drive Sales

3mo
Like
Reply
See more comments

To view or add a comment, sign in

Explore topics